Toyota Motor Credit is one of the largest indirect auto lenders in the U.S., with nearly 5 million customer accounts and more than $135 billion in assets as of late 2022, according to the Consumer Financial Protection Bureau. The government agency just ordered the Plano-based subsidiary of the Japanese carmaker to pay millions for allegedly preventing customers from cancelling product bundles that increased their monthly payments. Toyota Motor Credit consented to the entry of the order without admitting to or denying the CFPB's findings.
